2 Oldbury Avenue

    2, OLDBURY AVENUE, CHELMSFORD, CM2 7EB

    This detached freehold property on Oldbury Avenue last sold in December 2015 for £383,000. Based on price growth in the CM2 district since then, its estimated current value is £488,577 — placing it in the 78th percentile nationally and the 71st percentile within CM2. The property covers 91 m² (980 sq ft), giving an estimated value of £5,369 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £383,000

    Dec 2015

    Estimated Valuation

    £488,577

    Est. £/sq ft

    £499/sq ft

    £5,369/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area980 sq ft (91 m²)
    EPC dateJul 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2015

    £383,000

    Key Metrics

    Estimated valuation£488,577
    Value per sq ft / m²£499/sq ft (£5,369/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile71st percentile
    National percentile78th percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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